Liberty Latin America Q2 revenue, OIBDA rise on subscriber growth despite hurricane hit
Liberty Latin America Q2 revenue, OIBDA rise on subscriber growth despite hurricane hit
Overview
Latin America communications provider's Q2 revenue rose 1% yr/yr to $1.1 bln
Adjusted OIBDA for Q2 grew 5% yr/yr, aided by cost-saving initiatives and segment expansion
Company accelerated share repurchases in 2026, totaling over $60 mln to date
Outlook
Liberty Latin America expects cost initiatives to drive Adjusted OIBDA margin expansion
Company says constructive business outlook supports ongoing share repurchases
Liberty Latin America expects continued confidence in future cash flow generation
Result Drivers
HURRICANE IMPACTS - Co said Hurricane Melissa continued to negatively affect revenue and Adjusted OIBDA in Liberty Caribbean, though impacts are lessening
SUBSCRIBER GROWTH - Co reported strong postpaid mobile and broadband net additions, with recovery in Jamaica and higher additions in Panama and Costa Rica
COST SAVINGS - Cost-saving initiatives, including reductions in commercial costs and a new IT agreement, supported Adjusted OIBDA growth, especially in Costa Rica
Company press release: ID:nBw145xXda
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue |
| $1.10 bln |
|
Q2 Adjusted OIBDA |
| $436 mln |
|
Q2 Adjusted Free Cash Flow |
| $58 mln |
|
Q2 Operating Income |
| $181 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the wireless telecommunications services peer group is "hold"
Wall Street's median 12-month price target for Liberty Latin America Ltd. is $7.00, about 16.5% below its August 4 closing price of $8.38
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
Recent news on Liberty Latin America
See all newsLiberty Latin America Q2 revenue, OIBDA rise on subscriber growth despite hurricane hit
Brief: Liberty Latin America Q2 Revenue USD 1,103 Million
Liberty Latin America Ltd. expected to post a loss of 1 cent a share - Earnings Preview
Brief: Liberty Latin America Enters Into Sale Agreement In Peru
NASDAQ RESUMED AT 11:46 AM